SEA
Tencent Cloud says international business posts strong growth
In the first half of 2023, international business posted double digit revenue growth, with particularly strong performances in Japan, Singapore, Malaysia, Indonesia, Europe, and the Middle East.
500 Global closes $143M across early-stage & growth vehicles for Southeast Asia; ropes in Khazanah, KWAP & EPF as LPs
Limited partners (LPs) across its early-stage and growth investment vehicles include a sovereign wealth fund, public and private pension funds like Khazanah Nasional Bhd, Kumpulan Wang Persaraan (Diperbadankan) [KWAP], and Employees Provident Fund (EPF).
Singapore’s talent recruitment firm Glints’ revenue hits record highs; up 85% y-o-y, gross profits up 110%
Glints announced in December last year it is reducing its team size and retrenching some of its staff.
Josys raises $93M Series B to drive expansion & revolutionize global IT operations
Global Brain and Globis Capital Partners led the latest infusion of capital, bringing its total funding to $125 million.
Funding Societies partners PEKEMA to bolster Malaysian automotive industry via digital financing
Funding Societies, the Singapore-based digital finance platform for small and medium enterprises (SMEs), and the Malay Vehicle Importers and Dealers Association of Malaysia (PEKEMA) and have entered into a collaborative effort to facilitate accessible financing through a digital financial platform. The collaborative agreement, formalized through this…
Singapore’s Eureka AI partners with Google Cloud for Telecom Analytics as a service
This partnership with Google Cloud allows Operators to offer their B2B enterprise partners Eureka AI’s highly scalable and privacy secure suite of products that help them to grow their digital business and financial inclusion.
Vietnam joins regional payment connectivity initiative
State Bank of Vietnam (SBV), the central bank of Vietnam, has officially joined the regional payment connectivity (RPC) initiative. The RPC initiative was established to strengthen and enhance collaboration on payment connectivity through the development for faster, cheaper, more transparent, and more inclusive cross-border payments.
PropertyGuru’s revenue rises 12 pct year on year, underpinned by Malaysia and Singapore’s operations
Singapore-based property portal PropertyGuru Group Limited has on Thursday announced that the group's revenue increased by 12 percent year on year to SGD 37 million ($27.28 million). PropertyGuru said in a statement that the group posted a net loss of SGD 6 million ($4.42 million) in the second quarter, as compared to a net income of SGD 4 million ($2.95…
Singapore elevates sustainable digital infrastructure beyond data centers
As part of this partnership, IMDA, Dell and Equinix will provide guidance and recommendations to modernize digital infrastructure deployment sustainably and to optimize the integration and utilization between hardware and software interfaces. This partnership will aim to develop a comprehensive process to measure, capture and audit the quantifiable…
